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Commercial > Other
Active
1 week ago
List Price
$14,995,000$451/ft²

2100 State Route 33
Neptune, NJ 07753

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  • Malobo BannerMalobo Banner Square
    2100 State Route 33, Neptune, NJ 07753 is a 33,272 ft² property built in 2009 on a 4.380 acre lot. This property is currently on the market for $14,995,000.

    MLS Description

    The listing agent's description. Original Listing

    We are pleased to announce the rare offering of The Neptune Medical Arts Building, a fully leased Class-A medical office condo located across from Jersey Shore University Medical Centera leading regional hospital and trauma centerthis ±33,272 square foot unit is 100% leased to a diverse group of eight medical tenants, including nationally recognized healthcare providers and specialized practices. All tenants are on triple-net (NNN) leases, offering investors long-term, passive income with limited operational responsibilities and built-in rental growth through annual escalations. There is opportunity for a practice to take over space as leases come due for an end user with strong income from existing tenants as well as increased exposure in this rare medical corridor. Originally constructed in 2009, the Neptune Medical Arts Building features institutional-grade construction, efficient layouts, and high-quality tenant buildouts tailored to clinical and diagnostic use. The existing tenant roster includes anchor tenants such as Hackensack Meridian Health, the Neurosurgery Institute, and Rebirth Recoveryeach with significant investment in infrastructure, reinforcing their long-term commitment to the space. Many of the current tenants have been in occupancy since the building's completion, underscoring the property's strong retention history and the critical nature of the location. The building is organized as a two-unit commercial condominium. Unit #1 is owned and occupied by Jersey Shore Imaging, which manages its own interior improvements and contributes to CAM and shared grounds maintenance. Unit #2the subject of this offeringfunctions as a fully independent investment asset, delivering a very strong and steady income from a multi-tenant rent roll with staggered lease maturities and a history of renewals. The property's ±4.338-acre site includes 195 surface parking spaces, significantly exceeding code requirements and providing a major competitive advantage in the medical office sector. Additionally, there is an opportunity to expand the building by an estimated 6,000 to 10,000 square feet above the Rebirth Recovery suite, allowing a future owner to grow rentable area without disrupting current tenancy or operations. Overall, this generational asset combines stable cash flow, high-quality tenancy, and long-term continual growth in a premier medical location. The asset is ideally suited for private investors, 1031 exchange buyers, most notably, end users or healthcare groups seeking a strategic foothold near one of the most prominent hospitals in the region.

    Listing Agents

    The listing agent for 2100 State Route 33 is Michael Frontera.

    Current Ownership

    Information about the current owner(s).

    Property History

    2100 State Route 33 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 2100 State Route 33

    School Information

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    Neighborhood

    This property is located in Neptune City.

    Market Trends

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    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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